I think 11-12k is still the potential bottom point. I hope so for the sake of another buying opportunity. I am worried for my hope that this gives my bias toward that bottom point! It is looking nice after this past few weeks though.
Let me make my point do to my observation in cryptocurrency and i believe that the market is fluctuating and it never come to conclusion to say Bitcoin is going low or high, the market is moving up and also moving low, but i believe that whoever that wants to purchase Bitcoin should not hesitate to purchase for long term investment, and never have in mind that Bitcoin will go down more than the stage it find itself. So Bitcoin price or increment have no particular time it get accelerated, because the price is not measurable. |
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This question can be answered base on the market stage monthly, because right now we can't come to conclusion that the market is on bearish neither bullish due to the regulations of the market, i will classified the market as spherical kind of shape in market or baseless kind of market system. So i believe that the market have no base for no and it's in between bearish and little regained of increment from my point of view. |
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Next Bitcoin Halving can effect crypto market ?
price will Pump ?
It's obvious that it will, but the aspect whereby many people is making a reference of 2024 as the next halving of cryptocurrency and especially bitcoin, from my view Bitcoin can possibly experience it's next pumping in 2024 and their is every tendency that Bitcoin can fail not to experience such on this people speculated year precise. |
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Because I'm still a beginner here, and still don't know much about bitcoin. So, I want to learn more about bitcoin from you guys. I want to ask you guys. Why are you interested in investing in bitcoin?
I will say any investment somebody venture into is a passion or the detriment of the person, so i want to let you know that people have different obligations while they are into Bitcoin investment, some people might like it because it's a decentralized investment and it never had a third party over the investment. And secondly, Bitcoin is not been controlled by any person except it's market determination, so different people will have different answers to attest while they invest in cryptocurrency and especially bitcoin. |
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Of course, in this case, people's opinions will differ.
In my opinion, in this case, mental strength is needed, in fact, if you want to
invest in bitcoin, don't be afraid as long as we are mentally strong, because the more capital invested in bitcoin, the greater the profit that. so before investing in bitcoin you have to be mentally strong first. and be prepared to take risks.
so in my opinion if investing in bitcoin and for the long term, I think it will be safe, because bitcoin is not an altcoin.
in my opinion don't think too much about WHALE, because the one who will win is the one who can withstand it.
When we are ignorant of Bitcoin investment it's when we do have discourage over investing in Bitcoin for long time run. Many people today who to billionaire purchased Bitcoin when the fraction was extremely low and today made a lot profit in 2017 and 2018/ 2019. So it's advisable to invest in Bitcoin and allow it to stay for years due to your expectations or target over the long term run of the investment. Everyone is aware that if their is life their is more profit towards bitcoin investment. |
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For some time now I have been making a plan that I will trade on the crypto platform . But I am not able to trade because I don't have enough knowledge about trading. I have no idea how much money is needed to trade or what coins I can currently profit from trading.
But I feel like if I trade bitcoins I might be able to make a profit. First I am going to start this business with a small amount of money. If I can make a profit by trading then I will trade with more money later.
Trading doesn't have a university were you will learn or study it perfectly, right now we don't have a professor in trading, but it's your detriment to decide that you want to understand the scopes or rudiments of trading, because you can as well acquire the knowledge of trading through YouTube, you can also learn trading through forex traders tutorial, so since it's something of you mind when you devote out time you learn and understand it perfectly. |
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Actually the mindset of everyone who is into cryptocurrency investment is to have a continuous acceleration or increase of cryptocurrency, if you are investor you have to know that whenever the market is experiencing negativity you will not be at rest and this happen depending the nature you invested your funds, but the process whereby your investment is long run you won't be curious of monitoring your investment over the falling of cryptocurrency and especially bitcoin.
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This is great attempt, and it's encouraging for seeing our newbies to surmon a courage of purchasing cryptocurrency for investment, because i have seen some people who have been biased over Bitcoin investment, so i believe that you investing in Bitcoin at least will bring other people within your area to cryptocurrency investment.
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It's obvious that many people find it very difficult to upload image. And another thing is that image upload have to do with certain rank measure before you can have the access of uploading an image, i believe that someone who is in the rank of brand new and jr member rank doesn't have access of uploading and the picture shows, unless it's a link were people can have access to see the image, but if you want to be uploading images you will buy a copper member before your upload will appear as needed.
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I don't know how bad the reality is to counter analysis, but I'm sure this bear market hasn't been completely removed.
At this point people will pleasantly believe that we are out of bearish market, And those set of people does make use of chart to examine the gravity of Bitcoin ratio of increment. I will not support the motion that we are out of bearish market, because i know too well that the market of cryptocurrency is unpredictable. So many people will conclude that we are out of the bearish market due to the little increment we experience early January, but it's obvious that Bitcoin regulations in price can occur negatively now and within some minutes it reverse to be positive. |
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We have seen the Bitcoin market exert an upward force since the beginning of 2023, gradually increasing. Earlier, the price of Bitcoin had dropped to around $14000. However, since then, the market has not gone downwards, but the market has continuously increased. And currently the bitcoin market is about $23k, I think the price of bitcoin will not decrease anymore, the market will increase more in the future.
The price of cryptocurrency is not constant and i believe that Bitcoin have its own ways of increment, so therefore it's obvious that the price of Bitcoin always fluctuates and since the origin of it, it never remain or been constant or stagnant, so what i have to tell you now is that bitcoin price is rotational, it either increase or decrease and it has been the nature, so seeing Bitcoin on the degradation in Values, it doesn't really mes anything from my perspective. The can fall now and next two days it resurrect. |
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Is 0.1BTC a lot and enough for long-term holding? I calculate my extra income that I use for DCA and I feel like this is the range of BTC I will end up owning on the long run, anything more will put me in a very tight position or maybe I need to upgrade my side job to earn more for investing into Bitcoin. What do you feel about this? 0.1 BTC good enough or not.
From my perspective investment of long-term in cryptocurrency or bitcoin in particular doesn't have a specific price tag someone or investors can stake for long term investment. Because it's obviously known that Bitcoin investment is determine by your funds and mostly a spare funds if really you want to make profit via the investment of cryptocurrency, so i believe that any amount of value is due for your prospective objectives towards your investment duration. |
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What do you guys think about the possibility that bitcoin will crash down below 20k again before going beyond 24k?
Bitcoin getting increasing or experiencing falling is nor longer a new thing, because i believe that Bitcoin have experience falling and rising in so many ways, so theirs every tendency that Bitcoin price will rise and also falls at any point in time, like throughout last year Bitcoin experienced a lot of down fall in the market and now that it tried to get some fraction in values, that doesn't mean that it won't experience falling again. So the market is unpredictable which it's can turn positive now and within a seconds it turns to negative in price, so this has been the system of Bitcoin for it's increment. |
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Bitcoin is a cryptocurrency that no has the capability to predict it's rise or fall.
I am beginning to have a doubt that Bitcoin cannot go to a higher price just like the previous year.
Cause Bitcoin is determined by the number of people in the digital market. Just like the higher the number of people that purchase Bitcoin the lower it's price and for it price to go higher it requires some Bitcoin investors, traders and miner's to withdraw some percentage of their Bitcoin. So I still have the doubt of Bitcoin shooting higher just as we are expecting in 2024.
Actually i will say that you portray or narrated is your point of view concerning bitcoin in situation of rising and falling, so i believe that Bitcoin have to do with it's way via increment. We just assumed that Bitcoin will get rise immediately it reaches 2024 neither 2025, base the scenario that have been speculating that after four years the market of Bitcoin have to rotate to a greater heights, but sometimes it's doesn't happen according our wish. But what i know so far is that Bitcoin increment it's been determined by the demands and supplies via the marketcap. |
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This particular point is what triggers me to make some point in trading section concerning not be dependable on the small increase or fraction of Bitcoin acceleration, so the market is not stagnant and we can't boast of constant green of Bitcoin because of little influencers who comes to the market, so therefore i believe that can fall at anytime and it's applicable to the increment, which it can rise without the expectations of investors.
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Sometimes this people frame stories and surgacoat to win some credits. But if really what it just narrated is nice, will say that is making a good wings in cryptocurrency and especially bitcoin, because have seem some people who gives a series of testimonies about Bitcoin but they are not practicing it. I know quite well from another angle that Bitcoin have it ways of growth via investment, it might seriously favourable to people who invested for long term than someone who invested for short term investment.
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This journey have its ways, and i believe that it's based on the understanding of the individual in this forum will determine it journey, like when we make an emphasis on journey concerning this community, i will classified them into two, which i will say that one belong to the increment of making profit and also knowing the methods of cryptocurrency generally. So i believe that it's the journey of here all about. The basic foundation of cryptocurrency will determine can successful the journey is going to be.
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Centralized exchange isn't to be trusted dude... You know these things and you saw the recent happenings from FTX last year; everyone hasn't recovered yet from the shock and I think that has given everyone a second thought when trading with centralized exchanges.
Remember when he(bank-man fried) came up and said he hadn't enough funds to enhance the pay-slot and make payments and refunds....just wow!! There' are silly mistakes I'll never get to make in life -- most especially when I've seen so many peeps falling a victim already
Sandra 🧑🦰
What i will say concerning this scenario is that op is not enlightened, shall will not blame any statement alters in respect of exchanges, many of the exchanges now should be tagged as centralized exchanges, i believe everyone has learnt a lesson with the previous occurrence of centralized exchanges from my perspective, so therefore i believe that everyone should be careful concerning it's ways. |
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I asked a friend the Steps to wealth and he mentioned bitcoins. I have been in this forum for like three weeks now reading different topics from people, and I have learnt more in these weeks than I have known since. The same news about bitcoin value being low that is discouraging many people from it is the same news that has attracted me here. This is my first topic, it took me a while to gather the courage because I am somehow Timid, I hope that I am welcomed here.
What i want to say in this point is that your consistent in the community will make you to find more things that has being unknown to you directly, so therefore i believe that i believe that once you make the community of bitcointalk your friend through research of the previous chat's and topics you will be able to acquire new knowledge of things that is strange to some of the people who doesn't make a research of anything. |
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Bot application isnt really bad because it was really that intended for automation and not for some money making on which other people is really been thinking.They do really have that wrong approach within these
bots which are actually have other main purpose which isnt to assure profits but rather give out some convenience into those people who had been trading specially on times that they are away from their devices or computers.It is really just that people do have that kind of wrong mindset and believe that it could bring out some assured profits which is really very wrong and not possible.
You are still needing for yourself to be that making settings into those bots to be that effective or efficient.
Do you know the reason while i dont encourage a novice in trading not to desperately use trading bot to trade, because i find out that bot those not have accurate stake in and especially for day trading and nothing like specific amount you can earn. and secondly it requires a subscription before you can as well use the application, so the subscription doesn't have any advantages from my perspective or point of views. So it's better to learn trading and understand the rudiments of trading before you can as well apply using bot measure. People are getting lazy right now. Most of those experienced traders are now learning how to make a bot so that they can automate their strategy and run it even if they are not checking the chart. This kind of bot is really good to implement, and not those you need to buy it. I haven't tried to make my own bot to automate my trading, but now that it has changed my mind, I want to try one that I will make from scratch. Though on those subscriptions type of bot, I don't know how they work, but for sure, your strategy won't be used on them. Bot application is the methods whereby someone that doesn't have knowledge of trading can easily adopt the option of trading with bot application. So from my perspective i will narrate that bot have its own ways of operational system, because they have different functions depending on the one you come across. A good trader can not be likely to embrace the system of trading with bot application, unless that it have make a research and noticed the possible advantages of the bot application it intend to use. |
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